Const/Perm total cost 33,428,127 Soft costs in that figure 3,306,651 equity $5,254,000
I am developing a commercial property as a Pavilion of Medical Buildings. The following tenants have been pre-leased:
Within 28 months, a 10,000 sq ft diagnostic building will be built to suit, 2,000 sq ft of which is designated for a sleep lab — the only such facility in the area. Currently, the nearest diagnostic services require a 43-mile trip or an ER visit.
The property is strategically located on a US Highway with direct access, high traffic, and over 71,000 new households currently being built less than two miles away. The property is situated in an Opportunity Zone and a USDA area eligible for construction loans. The owner holds the property with a very small existing loan.
If interested, please contact: [email protected]
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